Herald Investment TrustCHIX:HRIL 55 EV-to-FCF is 8.42 as of Jul. 04, 2026, which is 57% below its 10-year median of 19.78. GuruFocus rates CHIX:HRIL with a GF Score™ of 55/100 and a GF Value™ of £36.63. The stock has 6 warning signs investors should review. Among 936 Asset Management companies, Herald Investment Trust ranks better than 73.08% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Herald Investment Trust's Enterprise Value is £1,361.7 Mil.
Herald Investment Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £161.8 Mil. Therefore, Herald Investment Trust's EV-to-FCF for today is 8.42.
The historical rank and industry rank for Herald Investment Trust's EV-to-FCF or its related term are showing as below:
CHIX:HRIl'
s EV-to-FCF Range Over the Past 10 Years
Min: 6.59 Med: 19.78 Max: 137.24
Current: 8.42
During the past 13 years, the highest EV-to-FCF of Herald Investment Trust was 137.24. The lowest was 6.59. And the median was 19.78.
CHIX:HRIl's EV-to-FCF is ranked better than 73.08% of 936
companies
in the Asset Management industry
Industry Median: 14.505
vs CHIX:HRIl: 8.42
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Herald Investment Trust's PE Ratio (TTM) for today is calculated as:
Herald Investment Trust's share price for today is £21.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Herald Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £1.991.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Herald Investment Trust's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Herald Investment Trust EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Herald Investment Trust's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Herald Investment Trust's EV-to-FCF falls into.
Herald Investment Trust's current Enterprise Value is £1,361.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Herald Investment Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £161.8 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Herald Investment Trust (CHIX:HRIL) has a EV-to-FCF of 8.42 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Herald Investment Trust and its competitors. This is 57% below median its historical median of 19.78. Over the past decade, Herald Investment Trust's EV-to-FCF has ranged from 6.59 to 137.24. According to the industry distribution chart, Herald Investment Trust ranks #252 out of 936 companies in the Asset Management industry, placing it in the top 26.9%.
Is Herald Investment Trust's EV-to-FCF too high?
Herald Investment Trust's current EV-to-FCF of 8.42 is 57% below median its 10-year median of 19.78. Over the past 10 years, this metric has ranged from a low of 6.59 to a high of 137.24. The Asset Management industry median EV-to-FCF is 14.51. Herald Investment Trust's value of 8.42 is 42% below this industry median. Based on the distribution chart, Herald Investment Trust ranks #252 out of 936 companies in the Asset Management industry, which is above the industry midpoint. Overall, Herald Investment Trust has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Herald Investment Trust's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Herald Investment Trust ranks #252 out of 936 companies for EV-to-FCF. This puts Herald Investment Trust in the upper half of its industry. The industry median EV-to-FCF is 14.51. Herald Investment Trust's value of 8.42 is 42% below this benchmark. Historically, Herald Investment Trust's own EV-to-FCF has ranged from 6.59 to 137.24 over the past decade. While the company's 10-year median is 19.78 vs. the industry median of 14.51, Herald Investment Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.51, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Herald Investment Trust's current EV-to-FCF of 8.42 is 42% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Herald Investment Trust and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Herald Investment Trust's current EV-to-FCF is 8.42, which is 57% below median its own 10-year median of 19.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Herald Investment Trust stock overvalued right now?
Herald Investment Trust (CHIX:HRIL) has a current EV-to-FCF of 8.42. The stock's GF Value™ is £36.63, compared to a current price of £21.60 — trading 41% below its estimated fair value. The current EV-to-FCF is 8.42, which is 57% below median its 10-year median of 19.78 and 42% below the Asset Management industry median of 14.51. Herald Investment Trust's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Herald Investment Trust (CHIX:HRIL), the current EV-to-FCF is 8.42 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Herald Investment Trust (CHIX:HRIL) Overvalued in 2026?
Based on GuruFocus' analysis, Herald Investment Trust stock appears to be undervalued.
The current stock price of £21.60 is trading 41% below its estimated GF Value™ of £36.63.
Key valuation signals for CHIX:HRIL:
EV-to-FCF: 8.42 (57% below median its 10-year median of 19.78)
GF Value™: £36.63 vs. price of £21.60 (41% below fair value)
Industry Position: 42% below the Asset Management median (#252 of 936)
No single metric tells the full story. See the CHIX:HRIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Herald Investment Trust PLC is a UK-based investment trust that aims to capital appreciation through investments in smaller quoted companies in the areas of telecommunications, multimedia, and technology on a long-term basis. It focuses on a diversified portfolio that offers long-term growth potential and benchmarks its performance against the technology sector. The trust's investment portfolio includes companies that are in the business of software and computer services, technology hardware and equipment, printing and publishing, industrial sectors, support services, and others. Geographically, investments of the company are spread across the UK, North America, Japan, Asia-Pacific, Europe, the Middle East and Africa. The trust's revenue mainly consists of dividends and interest.
55GF Score
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